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Real Estate & Property Law

: The Home Equity Theft Reporter

"Zombie Debt" Buyers Among Those Ordered By Feds To Turn Over Information About Business Practices

By r morris

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From the Federal Trade Commission:The Federal Trade Commission has ordered the nation?s largest consumer debt buyers to turn over information about their practices in buying and collecting consumer debt, which the FTC intends to use for a study of the debt-buying industry. Consumers have reported that debt collectors frequently try to collect from the wrong consumers or the wrong amounts, or both

Full post as published by The Home Equity Theft Reporter on January 07, 2010 (boomark / email).

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